Quantum Corporation, recently acquired by Maxtor, will divest itself of its server appliance subsidiary, renaming it Snap Appliances, Inc. Snap Appliances will now attempt to compete on its own in the growing Network-Attached Storage market.
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Snaps Off Its NAS Group Quantum Snaps Off Its NAS Group R. Krause - November 8, 2000 Event Summary Milpitas, Calif., October 24, 2000 [Source: Quantum] - Quantum Corporation's DLT and Storage Systems Group (DSS) announced plans to form two distinct companies from its current DSS businesses by making its server appliances subsidiary an independent, publicly-traded company called Snap Appliances, Inc. In a separate news release, Snap Appliances announced that it intends to file a registration